News

FCT's net property income rises 1.1% YoY to $129.6m in 2H23

Despite the increase, it reported a 1.2% YoY lower DPU of $0.06020.

Why are accounting and finance professionals in SG leaving their employers?

A quarter (25%) of professionals plan to leave their employers in the next 12 months.

MAS to keep its policy unchanged in January 2024: experts

The prediction comes on the back of core inflation’s continued moderating trajectory.

MAS proposes fund management regulation shake-up with new framework

If approved, the existing RFMC regime will be repealed.

Singapore yet to decide on nuclear energy deployment

The government, however, is studying advanced and safer nuclear technologies such as small modular reactors.

OCBC rolls out generative AI chatbot for employees, amongst world’s first

Over 4 million decisions in the bank are made by AI daily, OCBC shared.

QR payment app users to grow 26% by 2025

As of July 2023, there are already 96,700 QR payment users in SG.

Singapore to launch programme to reduce power consumption in households

The Residential Demand Response will be piloted by the second half of 2024.

Seatrium delivers floating production unit to Shell

The unit comprises a four-column semi-submersible floating hull of over 22,000 tonnes.

LTA to kick off installation of on-board units under ERP 2.0 system on Nov 1

The agency expects to complete installation by the end of 2025.

Sembcorp unit secures conditional approval to import electricity from Vietnam

It can import up to 1.2 gigawatts of power from Vietnam to Singapore.

Changi Airport’s passenger traffic reaches 4.87 million in September

The September 2023 record is 89% of the September 2019 level.

Noontalk Media shareholders okay adoption of share buy-back mandate

The resolution garnered 100% support from the shareholders.

Sembcorp taps IHI Corporation, GE Vernova for potential retrofitting of its Sakra power plant

The SG-based company wants to retrofit its power plant with ammonia-firing capabilities.